News
Port City Bill: PM predicts USD 15 bn in investments within five years
By Saman Indrajith
Prime Minister Mahinda Rajapaksa yesterday told Parliament that the majority of members and the Chairman of the Colombo Port City Economic Commission would be Sri Lankans.
The amendments would be incorporated into the bill in line with public proposals and the recommendations of the Supreme Court at the committee stage of the debate, the Premier said, adding that some of those amendments would be on the basis of changes proposed by other political parties.
Moving the bill for the debate, the Prime Minister said: “It was on Sept 17, 2014 the foundation stone was laid for the Colombo Port City during my tenure as the President by President of People’s Republic of China Xi Jinping. That mega project now has added 268 hectares to the landmass of our country. It was added to the Colombo District by the former government. Today, we are at the doorstep of a massive number of opportunities to make use of that landmass for the development of our motherland. To achieve such objectives it is a must that we should introduce changes for the existing legal and financial frameworks to change their parameters so that there would be a flow of investments to the country via the Port City. It is incumbent on any government to make such adjustments. Through this bill being debated here today, we hope to introduce such changes. If we make such adjustments properly this country would attract around 15 billion US dollars’ worth of investments during the next five years, as predicted by economists both local and foreign. As per the estimates of those economists, during the first five years the project would generate around 200,000 job opportunities for the construction phase and around 83,000 other permanent jobs. The commission to be set up to manage the port city would serve as a single window service provider for the foreign investors coming to invest in the Port City. We plan to provide them with all required services and facilities so that the benefits of their investments may flow into the country.”
SJB Colombo District MP Dr Harsha de Silva: We are not against the Port City project. We too understand that we as a nation are on the verge of a quantum leap to development. We are a nation trapped in a middle-income earning status trap. We cannot move neither forward nor backward.
We must convert this country into a nation of people who draw high salaries by creating complex and sophisticated goods and services. For that purpose we must join the rest of the world.
Labour Minister Nimal Siripala de Silva: There are huge differences in content between the speeches made by opposition MP Dr Harsha de Silva and his other colleagues in the opposition. Dr De Silva stated clear and loud that this bill was progressive and they would not oppose it. Others in the opposition state that the Supreme Court had bludgeoned the draft bill.
Latest News
Heat Index at Caution level’ in the Northern, North-central, North-western, Western and Southern provinces and in Trincomalee district.
Warm Weather Advisory
Issued by the Natural Hazards Early Warning Centre
Issued at 3.30 p.m. on 12 April 2026, valid for 13 April 2026.
Heat index, the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in the Northern, North-central, North-western, Western and Southern provinces and in Trincomalee district.
The Heat Index Forecast is calculated by using relative humidity and maximum temperature and this is the condition that is felt on your body. This is not the forecast of maximum temperature. It is generated by the Department of Meteorology for the next day period and prepared by using global numerical weather prediction model data.

Effect of the heat index on human body is mentioned in the above table and it is prepared on the advice of the Ministry of Health and Indigenous Medical Services.
ACTION REQUIRED
Job sites: Stay hydrated and takes breaks in the shade as often as possible.
Indoors: Check up on the elderly and the sick.
Vehicles: Never leave children unattended.
Outdoors: Limit strenuous outdoor activities, find shade and stay hydrated.
Dress: Wear lightweight and white or light-colored clothing.
Note:
In addition, please refer to advisories issued by the Disaster Preparedness & Response Division, Ministry of Health in this regard as well. For further clarifications please contact 011-7446491.
Latest News
Sun directly overhead Pesalai, Mankulam and Nedunkerny about 12:11 noon
On the apparent northward relative motion of the sun, it is going to be directly over the latitudes of Sri Lanka from 05th to 15th of April in this year.
The nearest areas of Sri Lanka over which the sun is overhead today (13th) are Pesalai, Mankulam and Nedunkerny about 12:11 noon.
Latest News
PNS TAIMUR & ASLAT arrive in Colombo
The Pakistan Navy Ship (PNS) TAIMUR and ASLAT arrived at the Port of Colombo on a goodwill visit on 12 Apr 26.
The visiting ships were welcomed by the Sri Lanka Navy in
compliance with naval traditions.
The duo of ships is commanded by Captain NIAMAT SAEED KHAN (PNS TAIMUR) and Captain NADIR MATEEN AFRIDI (PNS ASLAT).
Meanwhile, the ships are expected to conduct a Bilateral Naval Exercise LION STAR V with the Sri Lanka Navy in Colombo seas.
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